09/11/2021
How to get started with affiliate marketing
In short, affiliate marketing is a strategy in which a brand pays a commission to affiliates based on sales generated through their referrals. The key parties involved are:
Sellers (sometimes referred to as merchants, retailers, or brands) can range from individual entrepreneurs to global enterprises. They are the creators of the products or services being promoted and sold.
Affiliates (also referred to as publishers or advertisers) promote the seller’s products to their audiences by using affiliate links and ads. If their promotion or referral leads to a sale, they earn a commission from the seller.
Customers purchase the product or service from the seller based on the affiliate’s referral.
Essentially, affiliate marketing is a form of profit-sharing between sellers and advertisers. The commission earned comes out of the product price, so it doesn't create an additional cost to the customer.
Whether you participate in affiliate marketing as a merchant or an affiliate, there are many advantages when compared to other types of marketing. One of the biggest draws is the amount of control and flexibility available.
For example, a merchant can create an affiliate marketing program based on the products and services of their choosing, while affiliates can decide which programs to participate in. The shared goal is getting product promotions in front of relevant audiences who are likely to convert.
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novembre 08, 2021 How much money can you make as an affiliate marketer? Average annual earnings for affiliate marketers are $65,800, with the range between $42,000 at the low end, and $83,000 at the top end. ZipRecruiter has the highest forecast for affiliate marketing passive income, at $154,700 a....